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UK venture capitalists explore ways to boost pension fund investment

Proposed ‘Venture Capital Compact’ would include pledge to look at fund structure to address pension industry concerns
Dame Kate Bingham is managing partner at SV Health, which is expected to be a signatory of the ‘Venture Capital Compact’

UK venture capitalists are discussing new ways to structure their funds as part of an agreement designed to support the government’s efforts to unlock British pension investment in high-growth companies.

The British Private Equity & Venture Capital Association (BVCA) wants to enlist about 20 funds in a “Venture Capital Compact” as part of the government’s Mansion House initiative, people familiar with the matter said.

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